NorthEast Cheese

Cheese prices on the CME Group were unchanged Tuesday with barrels closing at $1.5825 and blocks at $1.6025. Both barrels and blocks have seen price increases in 4 of the last 6 sessions with barrels netting an increase of $0.0425, while blocks have gained $0.0525. Milk volumes going to cheese vats are keeping cheese makers on 6-7 day production schedules. Cheese inventories have seen limited expansion as demand for cheese has increased with the approach of the Easter/Passover holidays and the upcoming NCAA basketball tournament. Export demand continues to be fairly good. WHOLESALE SELLING PRICES: DELIVERED, DOLLARS PER POUND (1000 - 5000 POUNDS MIXED LOTS)